KD Logo

Understanding the Risks of Investing in Whitestone REIT (WSR)

Whitestone REIT’s recent filing unveils that its Director Feng Amy Shih-Hua acquired Company’s shares for reported $0.22 million on Jun 11 ’24. In the deal valued at $13.09 per share,17,000 shares were bought. As a result of this transaction, Feng Amy Shih-Hua now holds 40,566 shares worth roughly $0.54 million.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, Feng Amy Shih-Hua bought 6,100 shares, generating $79,727 in total proceeds. Upon buying the shares at $13.07, the Director now owns 23,566 shares.

Alliance Global Partners initiated its Whitestone REIT [WSR] rating to a Buy in a research note published on March 18, 2024; the price target was $15. A number of analysts have revised their coverage, including Truist’s analysts, who increased its forecast for the stock in mid January from “a Hold” to “a Buy”. Truist began covering WSR with “Hold” recommendation on August 30, 2022. JMP Securities revised its rating on July 07, 2022. It rated WSR as “a Mkt outperform” which previously was an “a Mkt perform”.

Price Performance Review of WSR

On Friday, Whitestone REIT [NYSE:WSR] saw its stock jump 2.54% to $13.31. Over the last five days, the stock has gained 0.38%. Whitestone REIT shares have risen nearly 8.30% since the year began. Nevertheless, the stocks have risen 39.52% over the past one year. While a 52-week high of $13.49 was reached on 06/18/24, a 52-week low of $9.07 was recorded on 04/15/24. SMA at 50 days reached $12.52, while 200 days put it at $11.65. A total of 0.7 million shares were traded, compared to the trading of 0.41 million shares in the previous session.

Levels Of Support And Resistance For WSR Stock

The 24-hour chart illustrates a support level at 13.08, which if violated will result in even more drops to 12.84. On the upside, there is a resistance level at 13.43. A further resistance level may holdings at 13.54. The Relative Strength Index (RSI) on the 14-day chart is 58.00, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.14, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 26.67%. Stochastics%K at 35.31% indicates the stock is a holding.

The most recent change occurred on April 06, 2022 when Colliers Securities began covering the stock and recommended ‘”a Buy”‘ rating along with a $15 price target.

Most Popular